Date for filing income tax returns extended till 15th

ISLAMABAD - The government has once again decided to extend the deadline of filingincome taxreturns till November 15, 2017.

“As directed by Minister for Finance, Revenue and Economic Affairs, Senator Mohammad Ishaq Dar on Tuesday, the due date for filing of income tax returns/statements by companies, salaried individuals, other individuals and AOPs, has been further extended till 15th November. Earlier, the due date was extended from 30th September to 31st October,” said an official handout released by the ministry of finance. The date was extended in view of the requests made by the tax bars and various trade and other associations. It was felt that the taxpayers could not find ample time for filing of their tax returns . In the light of above and in the spirit of taxpayers facilitation, the minister gave approval for extending the due date till 15th November.

Sources in Federal Board of Revenue (FBR) informed that government has extended the deadline because many people had not filed their returns yet. They said around 5,80,000 people had filed their income taxreturns by the end of October. As many as 5,58,000 individuals had filed their returns , 21,066 AOPs and 690 companies filed the returns .